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Bitcoin early-cycle myth is over; CryptoQuant CEO says large capital needed

Bitcoin would need far larger capital inflows than in the past to surge sharply again, with the next upswing likely driven by long-term institutional balance-sheet money rather than retail demand, an analysis said. CryptoQuant CEO Ki Young Ju said the market can no longer generate big gains with small inflows. Data show spot Bitcoin ETFs have seen sustained outflows since early May, weighing on hopes of a quick return to record highs.